The Governor of the Central Bank of Nigeria (CBN) has extended the timeframe to phase out the old Naira notes two days before the initial deadline. Prime Business Africa had reported that
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Following the increase in Nigeria’s interest rate by the Central Bank of Nigeria (CBN), the exchange rate between the naira and dollar depreciated on Wednesday, 26 January 2023. According to the data
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The Speaker of the House of Representatives, Femi Gbajabiamila, has threatened to arrest the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for disrespecting the lawmakers. Nigeria’s lower chamber had
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The Central Bank of Nigeria (CBN) has disclosed that domestic transactions on foreign cards will no longer be charged in dollars. CBN Governor, Godwin Emefiele, made this known during a virtual launch
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Small and medium businesses have began to reject old naira notes, as the deadline for the banknotes to become illegal nears. Prime Business Africa had reported that the Central Bank of Nigeria
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Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank’s N23 trillion loan to President Muhammadu Buhari administration for cushioning the impact of Nigeria’s dwindling revenue should not
More Nigerian banks are in a dilemma due to the threat by the Central Bank of Nigeria (CBN) to sanction banks still dispensing old naira notes. The financial regulator had warned that any
More The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the interest rate to 17.5 per cent on Tuesday, 24 January 2023. This was disclosed by the central bank
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The Deputy Director, of Currency Operations at the Central Bank of Nigeria (CBN), Rekiyat Yusuf, has urged Nigerians to reject old naira notes dispensed to them by commercial banks. Yusuf gave the advice
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President Muhammadu Buhari and the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, met on Thursday at the State House, Abuja. Emefiele met President Buhari during a delegation visit of
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